Stop Profit – Stop Loss
Cut your losses and run your profits is not a throwaway line it’s a simple fact of successful trading.
Cut your losses and run your profits is not a throwaway line it’s a simple fact of successful trading.
First and foremost, losses must be kept to a minimum and this is a factual qualification rather than an esoteric subjective thought. It is a key choice we make.
We can ride the emotional waves, which can be exceptionally lucrative, but we must learn how to protect that gain with Stockradar stops, and not get greedy.
Whether you’re trading stocks, ETF’s, Bitcoin or some other tradable entity we all need an understanding of risk and how to manage it. Remember markets go up and they go down. Are you prepared?
If we learn how to cut big losses, we don’t take them. If we learn how to protect profits, we keep them. It’s that simple.
A money management process that effectively cuts out the big losses and leverages stock trends
Why this rant?
Only 10% of Australians trust financial advisors. AFR 5/5/2014. A scary figure.
The “trust busting” GFC took a heavy toll on the financial advice industry. Most advisors floundered without a sound strategy for protecting your capital.
We wear our hearts on our sleeve at Stockradar. We are transparent with nothing to hide. We are independent with no products to push. Honesty, professionalism and our member’s fortunes are our passion. Our results are envied with special attention going to the ‘GFC’ period. Protect your wealth. Be prepared for the bull or the bear by having a sound and methodical strategy to guide you.
“I built a fortune with serenity by avoiding premature selling yet making an exodus from most of my stocks with the use of a single tool: the trailing stop-loss.
I have discovered no loss-free Nirvana. But I have been able to limit my losses to less than 10 percent wherever possible.
My stop loss method had two effects. It got me out of the wrong stock and into the right one.”
– Nicholas Darvas
How I Made $2,000,000 In The Stockmarket